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and months ahead. okay. quick question about the debt ceiling. why not? now. (vo) she gets the comedians laughing and the thinkers >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? irene, drop the itch. we dropped the itch, you can too. maximum strength scalpicin® is not a shampoo so you can stop intense itch fast, wherever you are. i dropped the itch. drop the itch with scalpicin®. the natural energy of peanuts and delicious, soft caramel. to fill you up and keep you moving, whatever your moves. payday. fill up and go! [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support chantix is proven to help people quit smoking. it reduces the urge to smoke. som
on the debt ceiling. the president tells them if they ever agree on what to put in the ranson note, he wouldn't even read it. >> president obama used the final press conference of the first time. >> the last press conference in the first term. >> to draw the line on the debt compromises. >> raising the ceiling doesn't authorize more spending. >> the president clearly came out putting it on the republicans. >> republicans in congress have two choices here, they can act responsibly. >> this is such a recipe for disaster for the republican party. >> or they can act irresponsibly, they better choose quickly. >> frankly all republicans have to bargain with. >> yes, they are, yes, they are. >> they're holding us hostage. >> are we heading to a shutdown. >> this could be a financial disaster. not only for our country, but for the world. >> social security checks and veteran's benefits will be delayed. >> i don't think it is a question that is even on the table. >> ironically would probably increase our deficit. it is absurd. >> the president won't back down on the debt ceiling or on gun safety. >> t
category. the house looking to vote on raising the debt ceiling next week looking for a temporary, temporary three month increase. coming up we will find out what representative thinks about the plan and why she is looking to get rid of the debt ceiling all together. liz: plus we have the bond king of canada who knows plenty about our markets. five years ago he said that investors had the opportunity of a lifetime to buy stocks, just as we hit bottom, and we saw that bubble explode. well, he was right. now, what is he saying? 2013 holds the second buy of a lifetime? what is it? and how can you take advantage of it? he is here to talk about it. david: liz has that interview all to herself because i can't begin to pronounce his name. let's tell you what drove the markets. mixed day on wall street with s&p and dow closing in the green. all three major indices ending the week higher. industrials and energy were today's top performing sectors while technology was the only sector ending the day lower. and oil ending the week in the green after the international energy agency raised its
escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. ho
it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take the full faith and credit of the united states and the health of the u.s. economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of
by what our government does in the weeks and months ahead. okay. quick question about the debt ceiling. these talking points, that the right have, about the "heavy hand of government" ... i want to have that conversation. let's talk about it. really? you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. ♪ ♪ the trucks are going farther. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? >> john: before we could even shake off our collective fiscal cliff fatigue it's now back to the doldrum
is over. eric cantore proposes a three-month deal on the debt ceiling. some democrats are calling it a trap. i'll ask dnc chairwoman debbie wasserman schultz what she thinks. democrats are about to drop the ball. tonight, my message to senator harry reid. plus the american people are getting ripped off by a congress that just isn't working. congressman rick nolan, there 30 years ago. he is back now and he can't believe the difference. he is wondering, are we getting paid for this? >>> is it really an admission of guilt if you don't show any remorse? >> it did not even feel wrong? >> no. it's scary. >> did you feel bad about it? >> no. even scarier. >> psychologist dr. jeffrey gardere on lance armstrong's bizarre performance last night. >> good to have you with us tonight, folks. thanks for watching. republicans surrendered today in one of his biggest fights. president obama warned republicans about taking the debt ceiling hostage. it looks like they heard the message. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the un
.7%. >>> urging for actions, president obama and tim geithner say congress must raise the debt ceiling or cause irreparable damage to the u.s. economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the who
that are raising alarms from demanding republicans immediately raise the debt ceiling and lori about that pesky out of cotrol spending later to considering as many 19 different gun-control measures that he could in force as he gears up for his comprehensive plan tomorrow. our president seems to think of himself like a king and said that our elected officials. joining me now, former adviser to president george w. bush. senior fellow at the cato institute. i will start with you. here is the president back in 2006 on the idea of raising the debt limit. he said, the fact that we are here today to debate raising america's debt limit is a sign of our leaders failing in the u.s.overnment cannot pay its own bills and i intend to oppose the effort to increase the debt limit to and here he is begging for the debt limit to be raised now hat he is president. >> i think that he was right several years ago when he talked about the size of fiscal irresponsibility, but all of a sudden he seems to think it is just a wonderful, peachy keen idea. gerri: irresponsible thing to do . brad, to you. i am -- i went back an
. something he didn't do in the fiscal cliff debate, nor in the last debt ceiling by. how speaker john boehner and mitch mcconnell, for their part, conspicuously avoiding news cameras and silent at the administration's assault on the second amendment as it escalates. a backlash appears to be building in certain parts of the country. one republican congress gentleman requesting act unilaterally. and the state of texas introducing a measure that would make federal officials subject to prosecution. tonight we have the "a-team" to discuss the issue. in the sandy hook elementary school massacre rolling rock school safety and the idea of armed guards in schools across the country. one school district is not waiting for the president to act. karl cameron has the report. reporter: reporter: this steel town now has armed troopers guarding their public-school. >> the first reaction is to keep the kids at school say. >> whether we are right or wrong, we will do whatever it takes to protect the children. >> there is concern that any weapon in schools can create new risks. in july the more evidence that we
dollar claim to avoid the debt ceiling showdown or just raise the debt ceiling himself to avoid the amendment. they will avoid the mess than address what has created the mess. overspending. over eating. you don't think we see to the games? that chance. we see through of fact acre wearing dark clothes and filmed at a distance. they know he is a slob. so is washington. camera moved back. back. you are too close. you can catch inauguration coverage. i will be in washington d.c. but it will be filmed from new york for the big festivities. we will have drone technology taking all of theed e shots. here is what is "money" tonight. president obama announced his sweeping gun-control proposals, but with gun sales shooting through the roof and hundreds of millions of firearms already out there, can they really make a difference? today's power panel takes aim at the hot issue. plus at least seven americans are reported to be among dozens of oil and gas workers taken hostage in algeria. is this the first wave of al qaeda sponsor strikes against critical energy facilities? and could it disru
for the next fiscal fight over raising the debt ceiling. >> we are not a deadbeat nation. there's a very simple solution to this. conk authorizes us to pay our bills. gwen: but it's far from clear if congress will cooperate or if it should. tonight we look ahead to the challenges of a second term, with charles babington on the "associated press." john dickerson of "slate" magazine, peter baker of the "new york times," and amy walter from "the cook political report." >> live from our nation's capital, this is "washington week" with gwen ifill. corporate funding for "washington week" is provided by -- >> this rock has never stood still. since 1875 we've been there for our clients through good times and bad. when their needs changed, we were there to meet them. through the years from insurance to investmentanagenem mt anemen real estate to retirement solutions, we'vefr ideas for the financial challenges ahead. this rock has never still. hing that will never change, prudential. additional corporate funding for "washington week" is provided by boeing. additional funding is provided by the annenburg
: the dow is trying to turn positive. cheryl, i do not think we go anywhere until we fix this debt ceiling fight. cheryl: they are coming up with at least a recommendation. i am sure there will be an argument in d.c. ashley and melissa have got you covered. ashley: another argument in d.c., never? melissa: shocking. [ laughter ] we do have breaking news. learning a vote on the debt ceiling coming as early as next week. the details of the bill and reaction from peter welch straight ahead. ashley: one american remains missing in the u.s. says they will not go she ate hostage swap with terrorists. stephen hadley is our special guest this hour. ashley: energy companies facing off against a formidable opponent. they are losing. ashley: do not mess with the chicken. that is all i will say. especially with the prairie chicken. time for stocks now as we do every 15 minutes. nicole petallides. nicole: we are not to far off the unchanged line. you sneeze and you are in the positive territory. intel has been weighing on the dow jones industrials. that has been one of the things holding them back. the
, next week we will authorize a three-month temporary debt ceiling increase. that was the announcement from the majority leader of the house republicans announcing they are giving up on what they had been saying for months was their plan, to not approve an increase in the debt ceiling to thereby push the country again into a self-imposed economic crisis and threat of defaulting on our national debt and all the panic we know that causes because they did it before in 2011. and eric cantore announced today they are not going to do that again even though they had been saying for months that they would. they gave up today on that threat. that's why the vix panic index stopped panicking today. that's the nice kickoff for what should be a nice weekend for the president. >>> new second term official portrait. to refresh your memory, this is the first term one. same flag pin, similar blue tie, i guess. lots more gray up top. i don't know why they decided to go from the close cropped i.d. photo look from the first term to the i'm standing here in my office and i'm happy to be here look. i kind o
dermott's reaction to the president's tough talk on the debt ceiling. e.j. dion and ruth con connaught on whether the republicans will actually listen. >>> one month after sandy hook, he has the president's gun recommendations. >> will spineless republicans kill reform? one threats impeachment if the president signs an executive order on guns. dan gross of the brady campaign is here with reaction to the president's comments that the nra is joining up fear to sell guns. >>> and former secretary of state colin powell calls out republicans on race. >> there is also a dark -- a dark vein of intolerance in some parts of the party. >> dr. james peterson janes me to discuss the republican response. >> good to have you with us tonight, folks. thanks for watching. president obama took on the single greatest threat to the global economy today, the republican party. the president used the final news conference of his first term to throw down the gauntlet. after years of deliberate confusion by republicans, president obama set the record straight on the debt ceiling. >> now, the other congressionally imposed
term. when he came -- what he came to talk about was the debt ceiling. he said we should not be a deadbeat nation. that was the quote of the day. so what was the point of making that, the subject of this final fight? >> well because he knows that republicans wants to make this the center piece of their fight for the next couple of weeks which is you use this debt ceiling vote to gain some leverage because when you're in the minority, you've got nothing but threat. to use this dead ceiling fight wlosht we're going to pay our bills as a way to have spending cuts. the republican house are backing away from that saying, fine, we're going to extend this debt ceiling. we're going to pass something for a short period of time but in the interim we better get sot cuts. >> you're talking about what the house republicans put out today. isn't -- i hate to use the term -- kicking the can down the road. isn't this just taking us back to where we were before, delaying the inevitable? >> yes, but it's not just about the debt ceiling. this is one of the reasons the inauguration comes at s
proposing a delay to president obama's health care law in exchange for raising the debt ceiling. rich edson has the latest. rich: they have been figuring out what they want to propose. perhaps floating a delight in the implementation of the president's health care law. the bulk of the spending starts in 2014. that is just one of them any options they are hoping to discuss. major tax and entitlement reform. that will be discussed throughout the rest of the week. >> we have to come to a point where we stand and fight. i hope this is the time. there is no such thing in this definition. we'll pay social security, will you pay medicare or would you use it as a tool to try to get the house republicans to cave? rich: president obama said he will not negotiate. he will talk spending cuts and, perhaps, revenue. back to you. lori: thank you so much. new warnings on the debt ceiling. timothy geithner telling congressional leaders that the u.s. will exhaust its limit mid-february. bernanke urging congress to extend borrowing authority well before the deadline. the u.s. could lose its aaa rating, so whe
yourself. >> the debt ceiling debate continues. >> we are not a dead beat nation. >> we all know the issue is spending. >> what are the risks of huge spending cuts? >> operations, maintenance, and ading will be gutted. real ground aircraft, return chips to port, and sharply curtail training across the force. >> a bill before the wyoming state legislature would make a federal agent who tried to enforce a ban on firearms guilty of a felony. there are similar measures under consideration in texas and the governor of mississippi says he wants to make it iegal in the state to enforce any new federal gun laws. how many times have we had this debate? this time after the murders of the children in newtown, conn., the president tells us this is different. the president has signed 23 executive orders aimed at reducing gun violence and is urging congress to reinstate a ban on so-called assault weapons, limit the size on magazines, and mandate here are some background checks for all gun sales. he is also asking the public to put heat on members of congress. remembers of congress if they support univer
. they are busy paying for pensions and prisons. >> more on the debt ceiling debate. >> america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. >> america has a debt problem and a failure of leadership. americans deserve better, and therefore intend to oppose the effort to increase america's debt limit. senator barack obama, march 16, 2006. >> it is not good for obama. he was also -- he also knew that his vote would not make a difference. >> come on. he said what he said pier do not cover for him. >> people do different things at different times. >> there is a deeply depressing column by david brooks in "the new york times" that says the era of the grand bargain, as he calls it, is over. there was a feeling over the past couple of years that both sides would cut taxes and raise entitlements and get a grand bargain. that seemed to be a lost opportunity. obama s
to you and you will not be touched by gun violence, you are fooling yourself. >> the debt ceiling debate continues. >> the real issue here is, we all know, is spending. >> what are the risks of huge dispense cuts? >> operation commitment, and trading will be gutted. we will ground aircraft, return ships to port, and sharply curtail training across the force. >> a bill before the while the state legislature would make a federal legend try to enforce a ban on arms federal -- guilty of a felony. there are similar measures in texas. the governor of mississippi want to make it illegal in the state to makin force any new gun laws. how many times have we had this debate? this time after the massacre in connecticut, the president says it is different. the president has said 23 executive order is aimed at reducing gun violence and is urging congress to reduce -- and it back crunchers' for all gun sales purity is also asking americans to put heat on members of congress to get there. >> ask for a member of congress if they support universal back rent checks to keep guns out of the wrong hands. if t
president obama a blank check but told "houston chronicle" editorial board, "we will raise the debt ceiling. we are not going to default on our debt." he went on to say "i tell you unequivocally we are not going to default." cornyn notes there will be tax revenue coming in and said it may be necessary to partially shut down the government to secure the long-term fiscal well-being of the country. white house aides just want congress to get it done. >> the point is without drama and delay, monthly extension is drama. okay? so congress should do its job. we're not going to negotiate over extending the debt ceiling. >> though the house is planning something short-term to force the senate to the a budget. >> just the structure, moving something on a shorter term, what we are discussing is something that all could support. it's reasonable. but also very constructive for america themselves. >> spokesman for the senate majority leader harry reid says if the house pass a clean debt ceiling incress, the senate will be happy to consider it. jay carney at the white house called for passing a clean debt
now to get something back later. we are talking about the debt ceiling. versus spending cuts. chief congressional correspondent mike emanuel reports on the house g.o.p. winter retreat in virginia. >> at the house g.o.p. retreat in williamsberg, virginia, the leaders decided they will pass three-month temporary increase to give them time to finalize a budget. speaker boehner said before there is long-term debt limit increase a budget should be passed that cut spending. the house g.o.p. whip hinted at the strategy. >> our hope is to pass something early so the senate can take action as well. i wouldn't be jeopardizingor economy there. it shows it's a rational, put us on a better path. and i would hi the american public could support it and the senate as well. >> fox news poll reveals 83% think government spending is out of control. up five points from two years ago. 69% of those surveyed say the debt limit should only be raised after major cuts. aides to the number two senate republicans does not support giving president obama a blank check but told "houston chronicle" editorial board
house. the main attraction, our old friend the debt ceiling. they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to wor
the debt ceiling will have to be raised. we will get the read from mark murray and what's happening on both sides. secretary of state hillary clinton called the prime minister of algeria and a group claims they are holding a total of 41 hostages after occupying a natural gas complex. they were reportedly to punish algeria for allowing french jets to use the airspace in attacking a group linked to al qaeda. we will have more on the news, but seven americans reportedly being held hostage in algeria. we'll be right back. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap.
set the record straight on the debt ceiling. >> now the other imposition is called the debt ceiling. something most americans had not heard of before two years ago. so i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to spend to congress. the result is the money congress has already borrowed. president obama explained to the american people in congress how they're trying to do their actual jobs. >> these are bills that are racked up. and we need to pay them. so while i'm willing to find compromise on how to pay our debts, americans should not be stopped from paying the bills we racked up. >> the country will be in a dire situation. president obama knows
as my first term comes to an end. >> brown: the questions were dominated by the looming debt ceiling fight. the president sternly warned republicans not to balk at raising the nation's borrowing limit. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> brown: congress has until march to raise the debt ceiling and prevent a government default. most republicans have insisted that with the government facing another trillion dollar deficit this year, any increase in borrowing authority must be tied to cuts in spending. the president flatly disagreed. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the b
will not negotiate with congressional republicans on raising the nation's debt ceiling. good evening. i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the newshour tonight, we'll examine what the president said about tackling the government deficit and reducing gun violence. >> brown: then, we turn to the west african nation of mali, where french troops have launched air strikes on islamic militants. three jihaddist groups now deemed a clear and present danger to the capital and beyond, a threat to africa and europe. >> woodruff: margaret warner has the story of the suicide of a young internet wizard who was facing federal charges for hacking and distributing online data he thought should be made public. >> brown: ray suarez updates the changes in cuba, where travel restrictions were eased today for citizens hoping to come and go. >> it is still one of the most repressive places in terms of its human rights record but we welcome any liberalization. we hope that will turn out to be one such. >> woodruff: and with rehearsals already under way for next week's inaugural ceremonies, we examin
ceiling, the house gop considering on raising the debt limit. we'll bring you more details and the senate judiciary committee, patrick leahy announced he'll be taking up issues of gun violence and immigration in the new term. republicans and democrats recently announced senate committee assignments and we'll talk about that as well. this afternoon the president kicked off the national day of service volunteering at a school here in the d.c. area. tomorrow he will take the oath of office in a private ceremony at noon. nbc's kristen welker is at the white house. nbc news senior political editor mark murray standing by with new insight from the new nbc news wall street journal poll. let me start with you. for folks who may not get this, a lot of folks wondering why is the president -- he's going to be sworn in on sunday and sworn in again on monday. what's the deal? >> reporter: well, craig, the reason is that the constitution states that the president has to be sworn in before noon on january 20th. january 20th falls on a sunday this year. it's the seventh time that happened in the nation's
on spending cuts in order to raise the debt ceiling and key senate republican says mr. obama doesn't get it. >> you have a kid that keeps a credit card loaded and a person that would tear up the credit card but you look at the credit. republicans are willing to pay for past bill but this is about the future bill. the president misses the point here. >> reporter: today, house democratic whip steny hoyer said new revenue must accompany spending cuts. for day, the final passage is expected in the house in the next hour or so. bret? >> bret: mike, we will follow that on fox. thank you. ominous note now from one of the world's top credit agencies. fitch rating says the u.s. could lose the top credit rating if there is a delay in raising the debt limit. we'll find out with the senior political analyst brit hume thinks about this. good evening. >> good evening. the warning from the fitch rating agency today is certainly will become talking point for president and democrats who claim the republicans are using the debt ceiling recklessly as leverage for spending cuts. worry over the debt ceiling is
this out. i just want the squabbling to stop. this is worst than the fiscal squabbling and the debt ceiling. you know why? the stakes are higher. we're talking human lives. those little baby angels. let's try in their memory to figure something out if stead of hurling epithat's and talking about impeaching the president and imperial presidency and all this crap. tonight i hope we'll do that. we have the president of the naacp, we have nationally syndicated lars larson and congresswoman nan hayward. i'm not opposed to types this bill. cheap shots squabbling is wrong. this is a national tragedy. we need to do something about it. ben, may i begin with you. >> sure. >> what is your position on the president's view and do you believe that if he got what he wants, it would have stopped the awful heinous tragedy at sandy hook in newtown, connecticut which is right next door to where i live? >> we're very supportive of a whole lot that's in this bill. and it's clear that this would have made it harder to get these sorts of guns in the first place, harder to buy the high capacity clips, harder for a
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